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HMRC recovers more than £8million from investors through major tax crackdown
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GB News
HMRC recovers more than £8million from investors through major tax crackdown
HM Revenue and Customs (HMRC) has recovered more than £8million from cryptocurrency investors who failed to pay the correct tax on their digital asset gains.
Figures released following a Freedom of Information request show 502 people reached disclosure agreements with the taxman over the past two tax years, with the average settlement worth around £16,600.
Zurab Kotaria, chief operating officer at financial service…
24 Jul, 11:07